Russ Cohen

Analysis of Thursday Options Trading: ETSY, HES, TSLA Insight into Thursday’s Notable Option Activity

ETSY Inc (ETSY)

Traders looked alive as they bet on the colorful canvas that is Etsy Inc’s options today. A total of 76,633 contracts exchanged hands, a rise that echoes like the symphony of a bustling market square, resonating across 7.7 million shares underlying vibrant trades. This clamor represents an overwhelming 267.9% surge from ETSY’s average daily trading volume over recent moons.

Notably, the $65 strike call option expiring on January 17, 2025, danced in a spotlight of its own, with 4,444 contracts whispering promises of potential gains. This represents around 444,400 underlying shares of ETSY. A visual portrayal of ETSY’s past year’s dance is captured below, with the $65 strike gleaming like the smile of a lucky marketeer brushing shoulders with success:

Displaying chart of ETSY trading history - courtesy of TickerTech.com

Hess Corp (HES)

The trading floor was buzzing with fervor as Hess Corp (HES) made its own waves in the trading arena. 24,008 contracts changed hands, embodying approximately 2.4 million shares, a dynamic flow that symbolizes 118.1% of HES’s average daily trading volume over the recent lunar cycles of trading.

The $170 strike call option expiring on May 31, 2024, took center stage with 7,750 contracts, painting a picture of approximately 775,000 underlying shares of HES in motion. An image of HES’s past year’s journey is depicted below, with the $170 strike casting shadows that whisper tales of ambition and possibility:

Displaying chart of HES trading history - courtesy of TickerTech.com

Tesla Inc (TSLA)

The Tesla Inc (TSLA) options arena was a buzzing hive, with 1.3 million contracts taking flight like busy bees today. This multitude of contracts symbolizes around 131.9 million underlying shares, forming a robust 115.1% of TSLA’s spellbinding average daily trading volume over the past month.

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The $180 strike call option expiring on May 03, 2024, emerged as a star player, with 102,106 contracts setting hearts aflutter today, representing approximately 10.2 million underlying shares of TSLA. A visual journey through TSLA’s past year’s tale is on display below, with the $180 strike shining brightly like a constellation of fierce ambition:

Displaying chart of TSLA trading history - courtesy of TickerTech.com

For a glance at the evolving landscape of options for ETSY, HES, or TSLA, visit StockOptionsChannel.com and explore the myriad possibilities awaiting the adventurous trader.

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